What will home refinance interest rate do in the next 6-12 months? - jumbo mortgage refinance rates
Jumbo mortgage current fixed @ 6% could mean, 12 months 6 better than outside?
Monday, January 4, 2010
Jumbo Mortgage Refinance Rates What Will Home Refinance Interest Rate Do In The Next 6-12 Months?
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4 comments:
If I could predict the market will be a millionaire a few times. However, the likelihood of an improved rate of 6% on a jumbo jet is very unlikely that the money Jumbo is very difficult and expensive to get to today.
After the election, interest rates are rising !!!!!!
I have been in mortgages for almost 10 years and have seen cycles. Adjusted twice a year (6 / 15 7 11/15), at the rate of federal loans to banks to control inflation.
Unless an election year ago - the government wants to maintain low interest rates.
Two years ago, in November, I predict that the prices set to jump up to 5.125% interest rate for 30 years. After the election of a senator, in the night prices jumped back into the range of 6% on average.
As gas prices - the price jumps in the summer, when prices fall in autumn. Every year is different excussion .... someone makes money out of this situation.
If your stuck on a mortgage with a prepayment, you can consider a loan modification with your current lender. PM me if you're interested.
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Biggie is correct if the fact, yesterday doubled LIBOR
Very doubtful! It is always a good choice.
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